K.P. Energy Ltd: TDS Communication for FY25-26 Final Dividend
K.P. Energy Limited has issued a communication to its shareholders regarding the Tax Deducted at Source (TDS) on the final dividend for the financial year 2025-26. The Board of Directors recommended a dividend of 5% or Re. 0.25 per equity share. The dividend is subject to shareholder approval at the AGM and will be paid to shareholders on record as of September 22, 2026. The company will deduct TDS as per the Income-Tax Act, 2025, with rates varying based on the shareholder's residential status and documentation provided. For resident shareholders, TDS is 10% if PAN is valid, and 20% if PAN is invalid or not linked. Resident individuals receiving up to ₹10,000 in dividend are exempt from TDS. Specific documentation is required for various non-individual resident entities to claim exemptions.
Key Highlights
- Communication issued on TDS for FY25-26 final dividend.
- Recommended dividend is 5% (Re. 0.25 per share).
- TDS rates vary for resident and non-resident shareholders.
- PAN validity and documentation impact TDS deduction rates.
- Exemptions available for resident individuals below ₹10,000 dividend.
Price Impact
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